This Morning’s Technical Outlook on Insurance Stocks — Universal Insurance, Hartford Financial Services, RenaissanceRe, and Validus

PR Newswire

NEW YORK, Jan. 8, 2018 /PRNewswire/ --

WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on UVE, HIG, RNR, and VR which can be accessed for free by signing up to http://www.wallstequities.com/registration. On Friday, benchmark US indices were in bullish colors as the NASDAQ Composite closed the trading session up 0.83%; the Dow Jones Industrial Average edged 0.88% higher; and the S&P 500 was up 0.70%. US markets made broad based gains with eight out of nine sectors finishing the day in green. Pre-market today, WallStEquities.com reviews these four Property & Casualty Insurance stocks: Universal Insurance Holdings Inc. (NYSE: UVE), The Hartford Financial Services Group Inc. (NYSE: HIG), RenaissanceRe Holdings Ltd (NYSE: RNR), and Validus Holdings Ltd (NYSE: VR). All you have to do is sign up today for this free limited time offer by clicking the link below. http://www.wallstequities.com/registration

Universal Insurance Holdings

Fort Lauderdale, Florida-based Universal Insurance Holdings Inc.'s stock finished Friday's session 3.80% higher at $28.65. A total volume of 302,738 shares was traded, which was above its three months average volume of 222.65 thousand shares. The Company's shares have advanced 23.83% over the previous three months. The stock is trading above its 50-day and 200-day moving averages by 12.05% and 19.02%, respectively. Furthermore, shares of Universal Insurance, which through its subsidiaries, provides various property and casualty insurance products in the US, have a Relative Strength Index (RSI) of 75.13. Get the full research report on UVE for free by clicking below at: http://www.wallstequities.com/registration/?symbol=UVE

Hartford Financial Services Group

Shares in Connecticut headquartered The Hartford Financial Services Group Inc. ended at $55.16, down 0.43% from the last trading session. The stock recorded a trading volume of 1.13 million shares. The Company's shares have gained 14.08% in the last twelve months. The stock is trading above its 200-day moving average by 3.99%. Moreover, shares of the Company, which through its subsidiaries, provides insurance and financial services to individual and business customers in the US, have an RSI of 44.78.

On December 20^th, 2017, research firm Citigroup initiated a 'Neutral' rating on the Company's stock, with a target price of $59 per share. HIG's complimentary research coverage is a few simple steps away at: http://www.wallstequities.com/registration/?symbol=HIG

RenaissanceRe Holdings

Pembroke, Bermuda headquartered RenaissanceRe Holdings Ltd's stock ended last Friday's session 0.33% lower at $123.98 with a total trading volume of 254,088 shares. The stock is trading below its 50-day moving average by 6.28%. Additionally, shares of RenaissanceRe, which together with its subsidiaries, provides reinsurance and insurance coverages and related services in the US and internationally, have an RSI of 37.56. Are you already registered with Wall St. Equities? Do so now for free, and get the report on RNR at: http://www.wallstequities.com/registration/?symbol=RNR

Validus Holdings

On Friday, shares in Pembroke, Bermuda-based Validus Holdings Ltd recorded a trading volume of 431,338 shares. The stock finished the day 0.62% lower at $46.20. The stock is trading below its 50-day moving average by 5.64%. Furthermore, shares of Validus, which provides reinsurance coverage, insurance coverage, and insurance linked securities management services worldwide, have an RSI of 38.81.

On January 04^th, 2018, research firm Keefe Bruyette upgraded the Company's stock rating from 'Market Perform' to 'Outperform'. Aspiring Member, please take a moment to register below for your free research report on VR at: http://www.wallstequities.com/registration/?symbol=VR

Wall St. Equities:

Wall St. Equities (WSE) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. WSE has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

WSE has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by WSE. WSE is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

WSE, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. WSE, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, WSE, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither WSE nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit https://wallstequities.com/legal-disclaimer/

COnTACT

For any questions, inquiries, or comments reach out to us directly. If you're a company, we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: [email protected]
Phone number: +21-32-044-483
Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

View original content:http://www.prnewswire.com/news-releases/this-mornings-technical-outlook-on-insurance-stocks----universal-insurance-hartford-financial-services-renaissancere-and-validus-300578853.html